The Party’s Over! - 09/21/12

The Wake Up Call show

Summary: QE3 has already failed. Markets are falling. Consumers are retrenching again. H.S. Dent explains the mechanics of QE3. An in-depth look at QE3 and how it works and what it means and why, in fact, it won’t work. The ‘trail’ which indicates Bernanke’s bad faith: his desire to support the banks over any effort to relieve the population-at-large. The real reason banks do not rush out to foreclose on delinquent property. Which ‘economy’ do we want to revive? A question of “beware of what you want… you might get it”